DECIDING WHETHER AUDIT WILL BE COST-EFFECTIVE
Added by Acts 1997, 75th Leg., ch. 165, Sec. 16.03(a), eff
(a) Before the agency or institution conducts an audit, it shall analyze the potential benefit of the audit.
(b) The agency or institution is not required to perform the audit if it determines that the savings and refunds provided by the audit will not exceed its cost.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.